The chart of the day is from TheWaveTrading via SafeHaven and shows the 10 month moving average (MMA) crossing below the 20 MMA for the S and P 500 after 8 years. Long term moving average crosses are usually associated with trend changes as was the case with the S and P 500 in 2000 and 2008:
Blackstone (NYSE:BX) Price Target Lowered to $100.00 at JPMorgan Chase & Co.
-
Blackstone (NYSE:BX – Free Report) had its target price reduced by JPMorgan
Chase & Co. from $105.00 to $100.00 in a research report sent to investors
on F...
1 minute ago